ycaptain7

Short oil

Short
ycaptain7 Updated   
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Look for the gap to fill. perfect scenario would be a break and retest of 52.10 ish. potential 100 + pips.

2-0 for the week so low lot size if taken
Comment:
Oil on the move, looking for a break below and close below 52.1
Comment:
wish I could say trade active but it just broke and went.. waiting for the retest and close below the 52 level and then can enter.. selling now is too risky as sl would be too high
Comment:
retest is happening right now... close below 52.1 or even 52 on next 30 min and hourly would give me enough confirmation to short till 51 and 50.45 and potentially 49 sl would be 52.9. which would be 80 ish pips and tp would be 110 pips and 150 pips. not the best R;R but oil moves crazy so you need to allow for a larger sl
Trade active:
not the perfect set up as the retest and closed on the 15min which is famous for bull and bear traps. in at 52.1 and 50.9.
tp 1 already hit.
Trade closed: target reached:
closed 90% got a bit left for 50.55
Comment:
5-0 for the week
UCAD +100
AUD/USD+ +100
EU +30 ish
Gold + 50 and still running
Oil +150...
over 400 pips for the week guys please share or follow
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